Tuesday, April 8, 2014

What a Profitable Business Can Do

We all want our business to successful and grow in it's target market. When a business becomes successful and profitable it can provide many positive results. Here are 4 of the most important.

1. It can better serve the owners and their family. No extra long hours to just get by and worry about paying bills both in the business and at home. Less time away from home and ability to hire managers to delegate some of the tasks  and duties to who will also grow with the business.

2. It can better serve employees with good pay, good benefits and a real chance for advancement. They will be able to learn more about the business and be groomed to move to more important positions. It can also let those who are ambitious learn how to run a business of their own.

3. It can better serve the customers who really support the business and help it grow to success. The business can offer fair prices, outstanding customer service and an above average buying experience. It can provide more help, advise and assistance with products and any problems that arise.

4. It can better serve the community by sponsoring and supporting charity events and causes. The business will be known as one who cares and supports the people who support it. People will want to buy from a company that gives back to their community.

Some of these ideas comes from Ace Hardware Corp.

Barry is a Customer Experience speaker and trainer.  www.idealetter.com

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